Brandon Greeley wrote an op-ed in the Financial Times titled SVP Failure Raises a Question Who Gets to Create Dollars. The decision to backstop all of these deposits expands the definition of a dollar, he says. It's hard to get people off their seats for insurance regulation, but banks should be subject to regulation and deposit insurance as well, Chris Hill says.
(0:21) Jason Moser discusses: - UBS buying Credit Suisse for $3.2 billion - The ripple effects of everyone checking with their bank - Why Amazon's latest layoff announcement has him looking at the revenue-per-employee metric
(13:58) Ricky Mulvey catches up with Jacob Goldstein, host of the podcast "What's Your Problem?" to talk about bank runs, why they happen, and how businesses could potentially prepare for them.
Companies discussed: UBS, CS, AMZN, SIVB
Host: Chris Hill Guests: Jason Moser, Jacob Goldstein Producer: Ricky Mulvey Engineers: Dan Boyd
Learn more about your ad choices. Visit megaphone.fm/adchoices